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Business: Page 89
Collision Repair
Monetary Musings: Auto associations call for more federal ZEV incentives
Toronto, Ontario – A gathering of Canada’s leading automaker associations has a request for the federal government; help Canadians invest in zero-emission vehicles (ZEVs). On June 24, representatives from the Canadian Manufacturing Association (CEMA), Global Automakers of Canada and the Canadian Automobile Dealers Association shared their perspectives about Canada’s readiness for mass ZEV adoption. The […]
Business
Can’t Riv’ it Down: EV manufacturer Rivian layoffs hundreds of workers
Toronto, Ontario — In spite of last week’s announcement that production and deliveries would be increasing, Rivian has revealed plans to cut five percent of their workforce. According to Bloomberg News, this layoff equates to hundreds of jobs across Rivian’s 10,000-strong global workforce. This decision comes after Rivian increased staffing through certain sectors related to non-manufacturing […]
Financial
Tuesday Ticker: July 12, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, AkzoNobel adds an acquisition to its wheelhouse and Stellantis talks more about its future funding at FCA Canada. Wheelie great acquisitions AkzoNobel has announced an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. The deal is expected to be completed by the end […]
Business
Welcomes of the Week: Auto Canada acquires Burwell Auto Body London
London, Ontario — North American automotive dealership chain, Auto Canada, has welcomed Burwell Auto Body into its family of collision centres. Burwell Auto Body is a collision centre focused on luxury brands and based out of London, Ont. “The addition of this high-calibre business represents a continuation of our strategy to strategically expand our national […]
Collision Repair
Specialty Showcase: SEMA 2022 to feature more EV exhibitions
Nevada, United States — Get your toolkits and suitcases ready: this year’s SEMA 2022 show boasts more exhibitions addressing the automotive market’s shift towards electric vehicles (EVs) than ever before. According to the 2022 Specialty Equipment Market Association (SEMA) market report, aftermarket support for the electric market is a prime area for growth. Points of […]
General News
EV/AV Report: July 11, 2022
Toronto, Ontario — In this week’s electric and autonomous vehicle report, Canada’s innovation minister was in Japan pitching domestic EV development, General Motors is looking to keep first responders linked into EV info and Baseload Power Corp. has expanded its Aura EV charging network into Quebec. Negotiating for the Future Federal Innovation Minister Francois-Philippe Champagne […]
Tuesday Ticker: July 5, 2022
Toronto, Ontario — It’s Tuesday—let’s talk business! In this week’s Tuesday Ticker, General Motors sits poised to reclaim its role as leader of new vehicle sales in the U.S.; Lift adds five new facilities in the B.C. interior and AutoCanada preps for a buyback via a “modified Dutch auction.” The General takes the Crown General […]
A Nobel Decision: AkzoNobel names Gregoire Poux-Guillaume as new CEO
Toronto, Ontario — The international paint giants at AkzoNobel have named Gregoire Poux-Guillaume as the company’s new CEO, effective Nov. 1. Thierry Vanlancker, former CEO and member of the board of management since 2017, was announced to have reached the end of his term of office on Wednesday and will make space for Poux-Guillaume to […]
Tuesday Ticker: June 28, 2022
Toronto, Ontario — This weekly Tuesday Ticker takes a look at Blackberry’s moves in the automotive space; some FFUN in Ontario and a $40 million investment into Canadian new vehicle sales. Fruits of labour BlackBerry, the once-popular, now defunct phone manufacturer, has benefitted from a capital resurgence as their BlackBerry QNX software increases growth within the […]
Riding the Dream: Milton, Ontario High school students transform bus into lush living space
Milton, Ontario – Environmental innovation has become a popular focus of society at large. As such, it has found a home in the creative minds of highschoolers at Bishop Reding Catholic Secondary School in Milton, Ontario. “It’s inspiring what a bunch of students can build together,” says Matthew Lim, former graduate from BRCSS. The innovation […]
Speaking with SATA: Florian Kaiser, CEO, and Joerg Goettling discuss experience at IBIS Global Summit
Monte-Carlo, Monaco — From June 15 through June 17, international delegates of the global collision repair industry were in Monaco for the annual IBIS Global Summit. Spectators were treated to comprehensive presentations on the global state of our industry, networking opportunities and the most picturesque views the French Riviera has to offer. Collision Repair mag […]
EV/AV Report: June 27, 2022
Toronto, Ontario — In today’s EV/AV report, General Motors makes the first delivery of electric vans for Fedex’s new fleet, Tesla hikes prices for some of its most popular EVs and a Canadian OEM announces a battery EV designed for the Canadian winter. Vans on Volts On June 21, FedEx announced that the company received […]
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